Sixt Group specifies its annual forecast: focus on profits and sales

Sixt Group specifies its annual forecast: focus on profits and sales

According to a report by www.finanzen.net, the Sixt Group has specified its annual forecast and now expects a profit before taxes of 460 to 500 million euros. Sales are estimated at 3.6 billion euros, which provokes confident reactions in the market. The ordinary shares listed in the MDAX temporarily rose by 3.23 percent.

The expected impact on the market is positive as investors react optimistically to Sixt's improved annual forecasts. The increased earnings expectations could lead to more investors showing interest in the company's shares. This can help the stock price continue to rise and support the company's growth.

The increased revenue expectations suggest that demand for Sixt's services remains strong and the company is well positioned to seize the opportunity to expand further. The positive numbers could also increase investor confidence in the company's profitability and lead to an increase in the share price.

The challenge of being cautious about electric vehicles could impact the company's margins as the higher costs and lower demand could negatively impact profitability. However, it remains to be seen how Sixt will deal with these challenges and whether the company will be able to increase its profits despite these factors.